The average daily spot natural gas price declined about 40% during winter 2019â20 in New England">The average daily spot natural gas price declined about 40% during winter 2019â20 in New England
(Thu, 21 May 2020) The average spot (wholesale) price of natural gas in New England for winter 2019â20 (November 1, 2019âMarch 31, 2020) was $3.17 per million British thermal units (MMBtu), down about 40% from $5.40/MMBtu for the winter of 2018â19 based on trends at the Algonquin Gas Transmission (Algonquin) Citygateâa key regional benchmark for natural gas prices in New England. This price was the lowest average price of natural gas since the winter of 2015â16, which (like winter 2019â20) was warmer than normal.
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